Press release
Avangrid Surpasses 11 GW of Installed Capacity Across U.S. Portfolio
Company operates nearly 100 generation projects from coast to coast, capable of powering more than 3 million homes
ORANGE, Conn. — March 19, 2026 — Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it has surpassed 11 Gigawatts (GW) of installed capacity across its 25-state portfolio which includes nearly 100 operating U.S. energy projects. This milestone reflects Avangrid’s continued investment in U.S. energy generation while supporting the nation’s growing energy needs, bolstering regional economies, and empowering local communities.
“Eclipsing 11 GW of installed capacity is a powerful demonstration of Avangrid’s long‑term commitment to meeting the nation’s growing energy needs with reliable, responsible generation,” said Avangrid CEO Jose Antonio Miranda. “This milestone reflects years of investment, operational excellence, and collaboration with communities across the U.S. Not only are we proud of the power our fleet delivers, but the impact that we make as a trusted member of every city, county, and township we operate in.”
Avangrid’s growing portfolio is helping to meet a surge in energy demand across the country brought on by the proliferation of data centers powering the country’s AI revolution, combined with the development of new onshore manufacturing and ongoing electrification initiatives.
Recent additions to Avangrid’s installed capacity include:
- A 321 MWdc solar project in Texas;
- a 202 MWdc solar project in Ohio;
- a 57 MWdc solar project in California;
- and two Oregon solar projects with a combined 269MWdc.
The company maintains a pipeline of development projects with a variety of generation technologies to support future growth across the country.
While Avangrid projects reliably and safely produce electricity for homes, businesses, and industry, they are also important economic drivers. In 2025, Avangrid’s onshore projects paid a combined $61 million in local tax revenue, supporting public services including education and public safety. Additionally, the company supported over 80 local non-profit organizations on behalf of its operating projects last year, reinforcing its commitment to uplifting and empowering the communities where it operates.
In 2025, Avangrid’s fleet of projects generated 25,058 GWh of electricity. The Company owns and operates a mix of generation resources that contribute to its 11 GW of installed capacity, including wind, solar, hydropower, natural gas, and fuel cells.
Media Contact
For media inquiries, email: corporatecommunications@avangrid.com
About Avangrid: Avangrid, Inc. is a leading U.S. energy company investing in grid infrastructure and power generation projects to deliver reliable energy and meet growing electricity demand. With approximately $50 billion in assets and operations across 25 states, Avangrid is helping modernize the U.S. electric grid, improve system resiliency, and support economic growth for the customers and communities it serves.
Avangrid owns and operates seven electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Avangrid also has nearly 100 energy generation facilities across the United States and more than 11 gigawatts of installed capacity. Avangrid has more than 8,300 employees and was named among the World's Most Ethical Companies in 2026 for the eighth consecutive year by the Ethisphere Institute. Avangrid is a member of the Iberdrola Group.
About Iberdrola: With a market capitalization of more than €140 billion, Iberdrola is the largest electricity company in Europe and one of the two largest in the world. The Group serves more than 100 million people around the world and has a workforce of 45,400 employees and assets of €165 billion. In 2025, Iberdrola posted a record net profit of €6.3 billion. The company contributes close to €10.4 billion in taxes in the countries where it operates and supports more than 500,000 jobs throughout its supply chain, thanks to €13.2 billion in purchases from tens of thousands of suppliers.
Since 2001, Iberdrola has invested more than €175 billion in electricity networks, renewable energy and energy storage to help create an energy model based on electrification. The company has close to 1.4 million km of electricity networks in the United States (the states of New York, Connecticut, Maine and Massachusetts), the United Kingdom (Scotland, England and Wales), Brazil (the states of Bahia, Rio Grande do Norte, Pernambuco, São Paulo and Mato Grosso do Sul, as well as Brasilia) and Spain, as well as 57,000 MW of capacity worldwide, of which more than 46,000 MW is renewable.
